Category Archives: U.S. Treasury

Washington – U.S. Treasury Secretary Janet L. Yellen today convened a meeting of the Financial Stability Oversight Council (Council) in executive and open sessions by videoconference. During the executive session, the Council heard an update from the Office of Financial Research (OFR) about hedge fund activities. The presentation addressed hedge fund activities during the market […]

WASHINGTON –  I would like to call this meeting of the Council to order. Almost exactly one year ago, the pandemic’s outbreak caused significant stress in the economy and in the financial system. In response to the deep uncertainty, investors sought safety in the form of cash and short-term government securities. Bond markets became illiquid. […]

Letter to Treasury staff on the end of Women’s History Month. Dear colleagues, Today is the last day of March, which means it’s the last day of Women’s History Month. I began the month by discussing women in the economics profession.  I wanted to end the month, though, by looking at the bigger picture, with […]

Statement from the U.S. Department of the Treasury This #TransDayOfVisibility we stand with our transgender & non-binary community at the Treasury Dept and across the country. We celebrate your contributions, courage, commitment to authenticity, and the richness you bring to our communities. [Tweet, @USTreasury, 11:27AM 3/31/21]   Statement from Secretary Janet Yellen: Treasury’s public servants […]

WASHINGTON – As work continues on issuing millions of Economic Impact Payments to Americans, the Internal Revenue Service and Treasury Department announced today that they anticipate payments will begin to be issued this weekend to Social Security recipients and other federal beneficiaries who do not normally file a tax return, with the projection that the […]

On March 25, 2021, the United States and the United Kingdom held the first meeting of the Joint Committee established under the U.S.-UK Agreement on Prudential Measures Regarding Insurance and Reinsurance (“the Agreement” hereafter). The United States and the United Kingdom signed the Agreement on December 18, 2018, and the Agreement entered into force on […]

(Remarks as given) Thank you, Alice for the very kind introduction. And thank you all for having me.  I’ve been an economist for a long time, and one area where I’ve focused my attention is on the disparity in economic outcomes – especially when it comes to race and ethnicity.  It’s probably because I began […]

Today, Deputy Secretary Wally Adeyemo met virtually with racial and economic justice leaders to discuss the Treasury Department’s commitment to equitable implementation of the American Rescue Plan (ARP) and ways to leverage Treasury programs to address systemic inequality. In his first outreach meeting since being confirmed last week, Deputy Secretary Adeyemo made clear that racial […]

WASHINGTON, DC—U.S. and EU participants in the U.S.-EU Joint Financial Regulatory Forum (“the Forum”) met virtually on March 24 and 25, 2021, to exchange views on topics of mutual interest as part of their ongoing financial regulatory dialogue. U.S. participants included officials from the U.S. Department of the Treasury and staff from independent regulatory agencies, […]